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CMP – Client Money Protection

CMP – Client Money Protection – How important is it?

Baroness Hayter is pushing the Government as to whether it will make CMP insurance mandatory for all lettings agents.

Hayter, who led a State-backed review into the prospects of such a scheme at the end of last year, issued a written parliamentary question asking about government action.

Her question, suggesting that ministers are dragging their heels, was answered this week by Lord Bourne of Aberystwyth, the Parliamentary Under Secretary of State at the Department for Communities and Local Government.

He said: “The Government encourages letting and management agents to join Client Money Protection schemes and encourages landlords and tenants to choose agents with Client Money Protection via the SafeAgent kitemark.”

He also cited Baroness Hayter’s own work, adding that the report is still being reviewed by ministers and would be responded to “in due course”.

Stuarts Property Services Ltd are proud members of SafeAgent, NALS and The Property Ombudsman and are audited regularly to ensure that we are conforming to industry standards and client money protection regulations –  Our next audit is booked for Tuesday 07 March 2017 

  • Colin Hayes
    Colin Hayes
    10:58 21 Jun 17
    The property was let to the other viewer on the day, they acted quickly and had secured it during the viewing, all applicants are informed it sadly is a first comer first served basis. This is a very fast moving market and sadly sometimes this happens.
    Joy Sadeghiani
    Joy Sadeghiani
    13:46 06 Mar 17
    What a fabulous letting agent Stuarts are. Their attention to detail in fantastic. Everything you need to know is clearly explained on the website. Their customer service is second to none and they are always happy to answer any queries a potential tenant may have. I would highly recommend using this letting agent.
    kati pasztor
    kati pasztor
    16:20 07 Mar 17
    I have been with the company with over 7 years. I would highly recommend them to anyone who is after a secure and well looked after rental. Claire, Margaret and Colin are not only helpful but genuinely lovely people. Anytime I have a request they sort things out for me straight away. I feel safe and trusted in the properly I live in and if I would ever have to move, i'd definitely stick with Stuarts to find me a new home.
    Sue Jelks
    Sue Jelks
    13:35 06 Apr 17
    First class service provided, personally tailored to suit each client. As a professional accountant and tax advisor such excellent service is always appreciated especially to enable up to date planning with clients.
    Gemma Cullum
    Gemma Cullum
    15:45 14 Feb 17
    We have recently completed work for Stuarts Property Services at one of their tenanted properties. I would like to say a huge thank you for the work you have offered to us recently and what a great company you are to work for. All the best for the future and we look forward to continuing our good working relationship.
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